Since November of 2007, it seems as though the average sales price for Boise area homes has been on a steady decline. If you look at the chart below, however, we seem to be experiencing a trend of stabilization!
With inventory levels being lower than times past, the law of supply and demand have helped prices stabilize to some degree for the Boise valley, but is this truly the bottom for Idaho home prices?
The numbers are in. Throughout the Treasure Valley, Meridian holds the highest average sales price for single-family homes, as of Dec. 1, 2011. With an average sold price of $173,279, Meridian real estate tops all of Canyon County at $95,473 and even it's big brother community with homes in Boise, coming in at $163,354.
Boise Idaho Ranked by Money Magazine as #3 City for Retirement
Boise has quite a variety of "things to do" and can compete with most larger cities in the US.
With hunting, fishing, skiing, biking, cultural events, Boise, Idaho offers excellent opportunities for not only the working Joe, but for those who are ready to retire.
The low crime rate is especially attractive in the Treasure Valley. Population of just over 200,000, Boise offers a cost of living that is 97% of the national median, a median home price of just $120,000, a median property tax of only $1590 and a state sales tax of 6%.
Idaho Real Estate Broker Goes the Extra Mile by Marketing in a Down Economy
Nampa, ID - As many real estate agents are cutting their marketing budgets, Idaho REALTOR® Don Wixom is going the extra mile to market his clients' listings in this tough market with a fully wrapped Honda CR-Z that has already turned heads around town.
Wixom, who already stands out online for his top Google-ranking website selling Idaho real estate, www.sellidaho.com, is one of the most visible agents on the road with his brightly colored Honda CR-Z.
There are several openings for part time employees. Current positions advertised are for maintenance, custodial, and transportation. Applications are available on-line at http://news.kunaschools.org/
Interested persons may also obtain applications at the district office, located at 711 Porter St. Kuna, ID
A 5-Year Snapshot of Boise Area Home Inventory Supply
We all have heard of the basic law of supply and demand. In the Boise area real estate market, you can see it in full effect!
As we see Idaho real estate & home inventory dropping, especially in the lower price ranges, we also recognize the average sales price is somewhere between 50% - 60% of what it was in 2007.
Don Wixom RE/MAX Advantage 5680 E Franklin Rd Ste 100 Nampa, ID 83687 Direct: (208) 880-5039 Office: (208) 466-0002 Fax: (208) 466-2227 Email:
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This e-mail address is being protected from spam bots, you need JavaScript enabled to view it Broker/Owner, ABR, CRS, GRI, e-Pro Internet Professional